Abstract
Those of us who have had occasion to study the Friendly Societies: Act of 1896 will be aware of the provisions contained therein relating to the dissolution of friendly societies and of the fact that the rules of a registered society must incorporate such provisions.The chance that many of our members will meet a case of dissolution in practice is perhaps small, but, nevertheless, the study of the problems involved in assessing the shares of the members in the funds of a society is well worth while, since it involves the consideration of the basic principles of friendly society valuation.After a short discussion of the legal provisions, this paper introduces some of the more important problems that can arise in connexion with the dissolution of societies of the most common type granting both sickness and death benefits.
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